Lenovo two season earned 500 million Hong Kong dollars CEO said brand coming to overseas

Xinbaoxun (reporter He Wenhua) yesterday, Lenovo chairman Yang Yuanqing, CEO Ward and chief financial officer Ma Xuezheng three giants gathered in Hongkong, the group released a report second quarter results ended September 30th. With a complex red report, CEO Ward said yesterday, the Lenovo brand products will sponsor when the Winter Olympics in Turin in the overseas market in the next year.

Reported that the second quarter turnover of HK $28 billion 500 million, an increase of 404%, of which Lenovo's consolidated turnover in Greater China as high as HK $10 billion 200 million. Profits rose 70% to HK $507 million. Chief financial officer Ma Xuezheng revealed that Lenovo's 48% of the total turnover is created by the notebook, revenue of HK $45.6%, in one fell swoop over the desktop PC group's turnover of 13 billion 800 million. Personal computer sales grew by 13% over last year. However, Lenovo's personal computer business in China, the Americas and the Asia Pacific region have made a profit in Europe, the Middle East and Africa, the computer business is at a loss.

Another thing that excites Lenovo is a breakthrough in mobile performance. Two consecutive quarters of strong mobile phone sales, sales of more than 1 million 400 thousand units.

Yang Yuanqing said the company's operations proved that the original Lenovo $1 billion 250 million acquisition of IBM PC decision is correct. Synergies continue to show the integration of the last quarter to achieve synergies of HK $78 million in the second quarter also achieved a synergistic effect of HK $156 million, which allows companies to more effectively invest in new.

Next, we need faster the Lenovo brand to China outside, "CEO Ward said, the first step, Lenovo will launch a $more than and 300 computer in overseas, it has some functions such as a virus, we need further expansion, use transactional client mode to enter China outside the market. The goal is to cover 90% of the SME market with other products.

Yesterday, the foreign media are very concerned about the integration between Yang Yuanqing and Ward, which, Ward said, I think it is good. Yang Yuanqing said, Chinese people feel that the chairman of the board of directors should be sitting in the middle, Westerners believe that the chair sitting on the right more respected, so it does not matter, we can compromise. Although there are a lot of different views, but can be reached, this is very important."

Lenovo mobile phone for two consecutive quarters of earnings

Xinbaoxun (reporter Liao Qi) three months sales year-on-year growth of 139%, a profit of HK $94 million! Yesterday, the new Lenovo Group released two quarter earnings created a record this year:

Domestic mobile phone manufacturers continue to make the first quarterly earnings, the trend of the downturn in the domestic mobile phone camp injected a trace of anger.

The new Lenovo Group released the second quarter of this year (July 2005 to September) reported that Lenovo Mobile sales grew 139% to reach 1 million 440 thousand, profit of HK $94 million, this is the lenovo mobile phone for 9 consecutive months to more than 40% of the growth rate of rapid growth.

Lenovo Mobile is in sharp contrast to the slow recovery of domestic old mobile phone manufacturers, yesterday, TCL group announced its third quarter results, due to domestic and world market continued intense competition, the overall gross profit margin decreased to -19.49%, the communications business is still loss. The market is generally expected, in the next few mobile phone manufacturers in the earnings report, the loss will remain the main theme.

In this regard, Lenovo Mobile leader Liu Zhijun said that the secret of Lenovo Mobile profit lie in: one is the product structure upgrading from 7 to September, lenovo mobile phone mobile phone sales in the music and pictures of the mobile phone shipments accounted for 98.6% of total sales, compared to the same period last year increased by about 78%; two are self-developed products accounted for more than 80%.